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Rohit

Rohit Gupta  | Answer  |Ask -

Edtech/Online Education Expert - Answered on Feb 15, 2024

Rohit Gupta is the co-founder and COO of College Vidya, a one-stop solution for making informed online education choices.
Rohit is a first-generation entrepreneur who currently leads the company’s marketing and operations department.
A TEDx speaker, he was honoured with the ET Leadership Excellence Award 2022 for his effort in helping shape the lives of over 90,000 students through his platform.
Rohit is passionate about the potential of online education and is on a mission to democratise access to quality education and career opportunities.
He completed his schooling from Scholars Home in Dehradun and holds a bachelor’s degree in commerce from Deshbandhu College, Delhi.
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Shubhangi Question by Shubhangi on Oct 03, 2023Hindi
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Career

My daughter is in 10 th std. after 12th is there any scope for VFX animation field or product management or game designing.

Ans: After 12th grade, there are a lot of job opportunities in VFX animation, product management, and game creation. Different types of people with different skills and hobbies can find work in each area.

For VFX animation, your daughter can take online courses in animation and multimedia from well-known universities and institutions to learn about digital art, visual effects, and animation methods.

Product management needs both technical and people management skills. She should take business administration or product management classes to get the skills and information she needs for this job.

In the same way, she can take specific courses in game development, computer graphics, and programming to learn about the basics of game creation, software development, and interactive media.

To help her make an informed choice about her future, encourage her to explore her interests, learn about different job paths, and talk to people who work in these areas.
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Milind

Milind Vadjikar  |741 Answers  |Ask -

Insurance, Stocks, MF, PF Expert - Answered on Dec 03, 2024

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Money
What happens when a Mutual Fund company shuts down / gets sold off?
Ans: Hello;

If a mutual fund company gets sold or fails, the process is prescribed by SEBI:

In case MF company is Sold,
The new fund house may:
1. Continue the scheme with a new name and management.

2. Merge the scheme with similar funds and offer investors the option to exit without any exit load.

In case MF company shuts down,
The fund house will:
1. Pay out investors based on the fund's last recorded Net Asset Value (NAV) and the number of units the investor holds, after deducting expenses.

2. If the company is not in a position to do so then SEBI may liquidate the funds assets and distribute the proceeds to unit holders.

It is also pertinent to note that mutual fund regulation in India is one of the most stringent and hence best, from investor's point of view, globally.

This is not just in theory. We have seen how the Franklin Templeton abrupt closure of debt funds was handled with surgical precision, by SEBI, with no loss to unitholders.


Skin in the game regulation mandates that 20% salary of key mutual fund personnel and fund managers is paid in terms of units of their funds with a 3 year lock-in.

The stocks and bonds purchased by the AMC for the fund are held by a custodian, appointed by the trust that administers the fund.

The trust engages into a investment management agreement with the AMC for managing the fund as per their mandate and within regulatory guidelines.

Registrar and Transfer Agents handle the investor registration,kyc, maintaining records, providing account and tax statements etc.

Happy Investing;
X: @mars_invest

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